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Interpretation of the past joys and sorrows of the property market changes and the fate of Wang
{ 08:11, 2009-Jul-3 }
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The king is never a shortage of the real estate market. June 30, Beijing has witnessed a new prime sites was born. In Fangxing of 4.06 billion yuan in the price competition on the 15th to get, Beijing set a new total contract price and the floor of the double record. The so-called heroes situation in the past have also experienced the glorious king, however, continue to push up the price to the developer at the same time an enormous cost pressure. Turmoil among the premium price
In 2007, the Beijing land market has experienced a strong rise, produced a number of sites there.
October 25, 2007, Vanke to total 1.7 billion, the floor price of 11,379 yuan square meter price of Chaoyang District, won the West Point Road on the enluxury.com/category_20_Miu-Miu.html">miu hobo 27th and set a new record price at that time. Today, high-priced piece of the past to have been developed for the city of Beijing Vanke gold items, is expected to open in 2009 sales.
With the end of the year, real estate and Beijing Chongqing Longhu Chinese real estate joint tender age of Zhongguancun, Haidian District, a block on the 3rd to a total turnover of 2.06 billion yuan, reached a floor price of 11567.04 yuan square meters. Education in this area was the development of the gold zone known as the capital of high-priced real estate Downing ONE, to 30,000 sq m unit to allow developers to make a huge basin.
The land market and the real estate market is always inextricably linked. The property market in 2007 brought up a wave of strong hot land market. The sharp contrast in 2008. Affected by the market downturn from the beginning of 2008 more than a year, the land market has been in a continuous cool in the incident have taken place around the. But from the beginning of March 2009, with sales pick up, return the land market began in 2007 when the mad scene, developers get a high premium to the beginning of frequent phenomenon.
Heating up the land market, housing prices have also gone enluxury.com/category_20_Miu-Miu.html">miu miu wallet up.outside in the 10 to 15,000 yuan per square meter of land sold, the surrounding second-hand housing prices will have about 10, the same region in the sale of several major real estate appreciation immediately.
A buyers told China Securities Journal reporter earlier this year he bought about 13,000 of a house near the, the real estate has long been sold out, the new estimate at least 15,000 more than the opening, optimistic about 20,000 have seen!
Cost pressure
Prime sites of course, get happy, but how to develop the follow-up operation is facing challenges developers. Clearly, the prime sites of the land costs far more than the general level, the proportion of prices accounted for more than the market average. So, in the high ground of what kind of housing construction in order to sell at correspondingly high prices? Developers access to the market average profit margin? Linger on in people39s minds has become the biggest questions. The past to Wang in the face of rapidly changing market, had to bear the high land prices brought about by the development of pressure.
As early as 2007 to get crazy period, Shanghai had been born close to the floor price of 67,000 yuan square meters of prime sites. Suning Real Estate Development Co., Ltd. was pressed Wharf, Sun Hung Kai, Swire Properties, CITIC Pacific, the Singapore government investment company GIC real estate speculators, such as 8, to 4.404 billion yuan, Nanjing East Road, Huangpu District, won the 163 block. Prior to this, Putuo Changfeng Ecological Business District south-east on the 4th block has 1.104 billion yuan, a premium rate of 250, average price floor of about 16,400 yuan square meter price of Shanghai Zhicheng Enterprise Development Co., Ltd. pocket income, became the Putuo to Wang.
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